PENGARUH PROFITABILITAS, KEBIJAKAN HUTANG, KEBIJAKAN DIVIDEN, KEPUTUSAN INVESTASI DAN LEVERAGETERHADAP NILAI PERUSAHAAN

(Studi Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia)

Authors

  • Ni Luh Ayu Widyadnyani Fakultas Ekonomi dan Bisnis Universitas Mahasaraswati Denpasar
  • Ni Made Sunarsih Fakultas Ekonomi dan Bisnis Universitas Mahasaraswati Denpasar
  • I Gusti Ayu Asri Pramesti Fakultas Ekonomi dan Bisnis Universitas Mahasaraswati Denpasar

Keywords:

Profitability, Debt Policy, Dividend Policy, Investment Decision, Leverage, Company Value

Abstract

The company's value is an investor's perception of the company's success rate often associated with stock prices. The value of the company can provide maximum shareholder prosperity when the company's share price increases. The higher the share price, the higher the prosperity of shareholders. The aim of the study is to analyse the influence of profitability, debt policy, dividend policy, investment decision and leverage on the value of the company. The research was conducted on a manufacturing company listed on the Indonesia Stock Exchange in 2016-2018. Samples were obtained by the purposive sampling method. Based on the method obtained as many as 34 companies as samples. The data analysis techniques used are descriptive statistics, multiple linear analyses, classical assumption tests, and model feasibility tests. The results showed that profitability and investment decisions positively influence the value of the company. Meanwhile, debt policy, dividend policy and leverage have no effect on the company's value.

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Published

2020-02-21